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HL Chronicle of Data Protection Privacy & Information Security News & Trends

Tag Archives: territorial scope

Posted in International/EU Privacy

The True Global Effect of the GDPR

“European data protection rules will become a trademark people recognise and trust worldwide”. That is how, in January 2012, Viviane Reding – then Vice-President of the European Commission and EU Justice Commissioner – ended her announcement of the widest reform of privacy and data protection law ever attempted. Six years later, this ambitious aim is becoming a reality. Organisations from around the world and well beyond Europe are grappling with the new European General Data Protection Regulation (GDPR) and its impact on their data activities. From Australian banks and South American insurers to US universities and Asian telecoms companies, determining the applicability of the GDPR to their operations has become a critical business decision. As many global companies ponder over the right strategy to privacy compliance, a key question has emerged: which organisations, and under which circumstances, are subject to the territorial scope of the GDPR?